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Greater Boston's Once-Priciest Listing Not So Pricey Anymore

When it hit the sales market in early September 2014 for an eye-searing $24,000,000, the 20-acre estate at 5 Concord Road in Weston was probably (and easily) the most expensive listing in the Greater Boston area in at least a decade (depending on how one defines the Greater Boston area). Why, it was even pricier than the 101 Fernwood Road in Brookline, which had then recently dropped for a $18,000,000. The $24M tag was not all that unbelievable: 5 Concord boasted features such as a wine cellar big enough to accommodate 4,000 bottles; a pool house with its own great room; and what the Coldwell Banker listing described as a "fairy tale" children's cabin in the woods. There was also the matter of the 8,992-square-foot main house, a Georgian Colonial with eight bedrooms. As of the end of February, it turns out, 5 Concord is asking a mere $18M. That's right: Its tag has dropped a staggering $6,000,000. Why? It appears that 5 Concord's acreage has shrunk by half, to 10.5. The listing now mentions what it calls two build-able lots, "one of 6.8 acres and one of 2.4 acres." That much less land included in the price means that much lower a price. Still. You have to soar well above Boston proper before you find a tag like $18M.
· 25 Envy-Inducing Photos of Weston's New $24M Estate [Curbed Boston]
· Here's Every Photo From Greater Boston's Priciest Listing [Curbed Boston]
· Millennium Tower's Floor-Through Penthouse Asking $37.5M [Curbed Boston]
· Our Mega-Listage archive [Curbed Boston]